The Dow Is Higher Because Upbeat Earnings Are Boosting Spirits

All About Earnings. Stocks are moving higher approaching midday Tuesday, with the Dow Jones Industrial Average 0.3% higher, the S&P 500 rising 0.5% and the Nasdaq Composite out in front with a 0.7% gain. A number of upbeat earnings results are boosting investors’ spirits, and nearly 80% of companies that have reported thus far have beaten expectations (even if beats aren’t what they used to be).

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.